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Renting out your property is built on an agreement that the tenant will use it according to the terms of the lease. When a tenant lists the property on Airbnb or another short-term rental platform without your knowledge, it can create legal and financial concerns. ...
Some businesses aren’t able to purchase properties to establish their company. In those cases, they may decide that leasing a building is the option that’s best for their needs. If you’re in this position, you’ll have to review the commercial lease once you find the...
Unfair business practices can create an uneven playing field and harm both competitors and consumers. While healthy competition drives growth and innovation, dishonest or deceptive tactics can damage reputations and cause financial loss. Learning how these tactics...
Business contracts typically outline a variety of details about a business relationship. Particularly when companies hire independent contractors or service providers for important company needs, the contract is likely to include details about standards for the work...
California is a popular place for new businesses. This means there are lots of opportunities for people who own commercial properties and want to rent them out. As a commercial landlord, you want to find dependable tenants for long-term leases. To do this, you need to...
When forming a new business, one of the most important decisions you face is choosing the right legal structure. Two of the most common options, corporations and limited liability companies (LLCs), offer distinct advantages depending on your goals, growth plans and...
An easement is a legal arrangement that grants an outside party the right to access, cross or otherwise utilize the real property of another party. A neighbor with a landlocked parcel that has no road frontage might seek an easement to allow them to access their...
An anticipatory breach of contract happens when one party states or shows that they will not fulfill their part of the deal. This happens before the agreed time for performance. It is also known as anticipatory repudiation. Even though the breach hasn't happened yet,...
Relationships are complex. When they blend with business, things can get even more tangled, especially if the personal side ends, but the business still stands. If you have ever started something meaningful with someone you cared about, only to part ways later, you...
When someone rents a house in California, the landlord typically takes a security deposit. This could be twice the rent payment, for example. The goal of this security deposit is to protect the landlord from a financial perspective, as there are certain situations in...